Not too long ago, you purchased an item that you were wanting to list online and try to sell. You have some terrific pictures of it and even a killer description of the item to post in the listing. There is one thing that you are now starting to mull over—what kind of price do I put on it?
An easy thing to do is to do a general google search for it. This way you can get a good range on not only what it is listed for sale online, but what it sells for as well.
Another thing that you can do is to ask a fellow dealer and see if they have sold a similar item. One thing to keep in mind is if the dealer thinks that they can make a profit on it, they might make you an offer on your item.
The third way that you can find a price for your item is to do a little bit of math—I have seen a LOT of people take the price that they paid for the item and double it (if you paid $10 for it you would charge $20 with this method). I have seen people use this method myself and it works (especially if I really can’t find a comparable item online or if I am talking to another dealer).
This is a few of the tricks to keep in mind when you are trying to get a price for an item you are going to sell online. What kind of tricks have you heard of?